FLEX LNG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	371.02	347.92	343.45	164.46	119.97	77.21	27.33
Revenue Growth (YoY)	6.64%	1.30%	108.83%	37.09%	55.38%	182.52%	-
Cost of Revenue	70.04	65.93	64.57	40.7	28.71	26.16	36.53
Gross Profit	300.99	281.99	278.88	123.77	91.26	51.05	-9.2
Selling, General & Admin	10.47	9.15	7.89	6.3	7.51	4.64	3.41
Other Operating Expenses	73.36	72.22	69.83	41.85	28.75	17.41	0
Operating Expenses	83.83	81.37	77.72	48.15	36.25	22.05	3.41
Operating Income	217.16	200.62	201.16	75.62	55.01	29	-12.61
Interest Expense / Income	108.72	76.6	56.22	41.81	33.88	17.78	0.23
Other Expense / Income	-11.68	-64.12	-17.37	25.63	3.98	-0.55	-2.46
Pretax Income	120.12	188.14	162.3	8.19	17.15	11.77	-10.39
Income Tax	0.08	0.1	0.1	0.08	0.18	-0.01	0.02
Net Income	120.04	188.04	162.21	8.11	16.97	11.78	-10.41
Net Income Growth	-36.16%	15.93%	1901.30%	-52.23%	44.04%	-	-
Shares Outstanding (Basic)	54	53	53	54	54	54	-
Shares Change	0.87%	0.27%	-1.81%	0.01%	-	-	-
EPS (Basic)	2.24	3.53	3.04	0.15	0.31	0.29	-0.34
EPS (Diluted)	2.22	3.51	3.04	0.15	0.31	0.29	-0.34
EPS Growth	-36.75%	15.46%	1926.67%	-51.61%	6.90%	-	-
Free Cash Flow	175.03	219.88	-51.09	-602.09	-240.02	-545.76	-93.54
Free Cash Flow Per Share	3.26	4.13	-0.96	-11.13	-4.44	-10.09	-
Dividend Per Share	3.375	3.500	1.850	0.200	0.100	-	-
Dividend Growth	-3.57%	89.19%	825.00%	100.00%	-	-	-
Gross Margin	81.12%	81.05%	81.20%	75.26%	76.07%	66.12%	-33.67%
Operating Margin	58.53%	57.66%	58.57%	45.98%	45.85%	37.56%	-46.16%
Profit Margin	32.35%	54.05%	47.23%	4.93%	14.14%	15.26%	-38.08%
Free Cash Flow Margin	47.18%	63.20%	-14.88%	-366.09%	-200.07%	-706.85%	-342.29%
Effective Tax Rate	0.06%	0.05%	0.06%	1.03%	1.06%	-0.08%	-
EBITDA	302.2	336.96	288.36	91.84	79.77	46.96	-10.16
EBITDA Margin	81.45%	96.85%	83.96%	55.84%	66.49%	60.82%	-37.16%
Depreciation & Amortization	73.36	72.22	69.83	41.85	28.75	17.41	0
EBIT	228.84	264.74	218.53	49.99	51.02	29.55	-10.16
EBIT Margin	61.68%	76.09%	63.63%	30.40%	42.53%	38.27%	-37.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).